A new framework for border crossings has been introduced in Gibraltar as the UK and the European Union signed an awaited treaty, which is set to come into force on July 15,...
Kansas reports major revenue fall in September sports betting figures
Kansas experienced a significant decline of over 50% in sports betting revenue this September.
The most recent figures released by the Kansas Lottery show that revenue dropped from $18.3 million during September 2024 to $8.2 million this year.
The revenue saw a massive dip of 34% monthly when compared to August’s figure of $12.4 million. However, on a yearly basis, Kansas’ sports wagering handle rose by 14% from $248.9 million to $283.7 million in September, and also increased monthly from $189.8 million in August. In September, Kansas’s total taxes on retail and online betting fell to $821,562. Online betting accounted for $277.6 million of the September handle and for $7.6 million of the total revenue.
In September, retail sportsbooks in Kansas handled $6.1 million in bets, bringing in $607,693 in revenue. On the online side, DraftKings led the way for total wagers with $118.4 million, followed by FanDuel with $89 million. But when it came to revenue, FanDuel came out on top, generating $4.2 million compared to DraftKings’ $1.9 million.
With the approval of the new Gaming Activity Law, Angola has opened a 30-day licensing window, allowing operators to submit applications to the Instituto de Supervisão de...
